Nifty opened on a positive note and traded with extreme volatility on either side to end on a flat note - Jainam
Nifty
Nifty opened on a positive note and traded with extreme volatility on either side to end on a flat note . Nifty closed at 22811 with a loss of 78 points . On the daily chart the index has formed a Bearish candle carrying eitherside shadows indicating extreme volatility . The chart pattern suggests that if Nifty crosses and sustains above 22900 level it would witness buying which would lead the index towards 23000 - 23100 levels . Important Supports for the day is around 22700 However if index sustains below 22700 then it may witness profit booking which would take the index towards 22650 - 22550 levels .

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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
